Templeton Global Income Price, Forecast, Insider, Ratings, Fundamentals & Signals

Fort lauderdale, fla.--(business wire)--templeton global income fund [nyse: gim] notification of sources of distributions pursuant to section 19(a) of the investment company act of 1940 the fund's estimated sources of the distribution to be paid on december 29, 2023, and for the fiscal year 2024 year-to-date are as follows: estimated allocations for december monthly distribution as of november 30, 2023: distribution per share net investment income net realized short-term capital gains net reali.

Fort lauderdale, fla.--(business wire)--templeton global income fund [nyse: gim] today announced a total distribution from net investment income of $0.0987 per share comprised of a regular monthly distribution of $0.0288 and a special distribution of $0.0699 to meet excise tax requirements, payable on december 29, 2023, to shareholders of record on december 18, 2023 (ex-dividend date: december 15, 2023). the fund's board of trustees (the “board”) has authorized a managed distribution plan pursu.

Fort lauderdale, fla.--(business wire)--templeton global income fund [nyse: gim]: notification of sources of distributions pursuant to section 19(a) of the investment company act of 1940  the fund's estimated sources of the distribution to be paid on november 30, 2023, and for the fiscal year 2023 year-to-date are as follows: estimated allocations for november monthly distribution as of october 31, 2023:   distribution per share net investment income net realized short-term capital gains net re.

New york--(business wire)--templeton global income fund (nyse: gim) (the “fund”) today announced an update regarding the upcoming adviser transition, whereby saba capital management, l.p. ("saba") will assume responsibility from franklin advisers, inc. ("franklin advisers"), the current manager of the fund, for providing investment management services to the fund (the “adviser transition”). the adviser transition will occur on or about the close of business on december 31, 2023. in connection w.

New york--(business wire)--templeton global income fund (nyse: gim) (the “fund”) today announced final results of its tender offer (the "tender offer") to purchase for cash up to 45% of its outstanding common shares (the "shares"). the tender offer, which expired on november 9, 2023 at 5:00 p.m. eastern time, was oversubscribed. therefore, in accordance with the terms and conditions of the tender offer, the fund will purchase shares from all tendering shareholders on a pro rata basis, after dis.

Saba Capital Income & Opportunities Fund II is a closed-end fund focused on generating income for investors. The fund's share price dropped after a transition in advisory, but has since performed fairly well compared to its sister fund, BRW. The fund aims to provide a distribution yield of about 9.04% annually, with the potential for special distributions.

Templeton Global Income Fund's tender offer for 45% of shares at 99% of NAV has concluded. The potential gain from the tendered shares should be balanced against the expected loss due to the post-tender drop of the untendered shares. GIM will transition into a Saba-managed fund, and we offer our thoughts on what investors should do now.

We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs had a good week; however, discount action remains depressed. Equity CEFs have to rely on total NAV performance to anchor their distributions rather than net income.

Saba has replaced the board of GIM and selected itself to takeover from Templeton. The transfer of management contracts is subject to shareholder approval. A tender offer for a significant number of shares will be conducted if the transfer is approved.

On July 31, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, added 236,990 shares of First Trust New Opportunities MLP & Energy Fund ( FPL , Financial) to its portfolio.

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In a recent transaction, Saba Capital Management, L.P. (Trades, Portfolio), a prominent investment firm, has acquired a significant stake in ClearBridge Energy Midstream Opportunity Fund Inc. This article aims to provide a comprehensive overview of the transaction, the profiles of both the guru firm and the traded company, as well as an analysis of the stock's performance and valuation.

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